| | | Presented By UPS | | Axios PM | By Mike Allen · Jun 06, 2023 | ⛅ Happy Tuesday! Today's PM — edited by Erica Pandey — is 648 words, a 2½-min. read. Thanks to Sheryl Miller for the copy edit. | | | 1 big thing: Golf's megamerger | Team Torque celebrates after winning the team championship of LIV Golf D.C., at Trump National Golf Club in Sterling, Va., on May 28. Photo: Geoff Burke/USA Today Sports via Reuters A surprise merger between golf rivals is poised to change the game. - The PGA Tour and LIV Golf, the Saudi-backed breakaway tour, agreed to join forces today, in a deal the two sides said is aimed at unifying the sport across the globe, Axios' Jeff Tracy and Tim Baysinger write.
π‘ Between the lines: The agreement ends the ugly litigation that embroiled the two tours as they fought for talent since LIV's launch last year. - LIV's financial backer, Saudi Arabia's Public Investment Fund, will invest billions into the new entity over time, PIF governor Yasir Al-Rumayyan said on CNBC today.
- The cash will drive innovation in golf at a time when the sport is changing, PGA Tour commissioner Jay Monahan said on CNBC. Today, more people play golf outside of the U.S. than not, and more people play via simulators, like TopGolf, off the course than on the course, he said.
π The big picture: The PGA's decision to partner with the PIF raised eyebrows. - During its bitter fight with LIV, the PGA often pointed to the Saudi government's human rights abuse record as reason enough not to defect to the rival tour, though several big-name pros made the move.
⚽ What to watch: Saudi Arabia essentially took over professional golf in less than a year. Soccer, it seems, is next, Axios' Kendall Baker notes. - Yesterday, they essentially formed LIV Soccer. They've got Cristiano Ronaldo and Karim Benzema, and Lionel Messi could join them.
Share this story. | | | | 2. πΊπ¦ "Monumental" catastrophe in Ukraine | Satellite view of damage to the Kakhovka dam in southern Ukraine today. Photo: Planet Labs via AP Thousands of Ukrainians — already on the war's front lines — now face a "monumental humanitarian, economic and environmental catastrophe" after a key dam collapsed, UN Secretary-General AntΓ³nio Guterres warned today. πΌ️ The big picture: The destruction of the Kakhovka hydroelectric dam, located on the Dnipro River, unleashed floodwaters downstream, Axios' Jacob Knutson writes. - The torrent of water destroyed the homes of at least 16,000 people, threatened drinking and irrigation water supplies in the region, and raised concerns about the potential consequences for the massive Zaporizhzhia nuclear power plant.
π Between the lines: It's still unclear what caused the collapse of the dam, but Kyiv and Moscow traded blame. - The explosion at the dam comes in what analysts and Western officials have said appear to be the opening days of Ukraine's long-awaited counteroffensive.
Go deeper. | | | | A message from UPS | The best part-time jobs provide more than a paycheck | | | | Part-time union jobs at UPS offer similar benefits to full-time jobs — including low-to-no-cost health care, PTO and a pension. Worth a mention: That could be why you'll find so many entrepreneurs and small business owners working at UPS. Learn how UPS supports its employees' dreams. | | | 3. Catch me up | A demonstrator holds a rainbow pride flag during the Drag March LA protest in West Hollywood, Calif., on April 9. Photo: Eric Thayer/Bloomberg via Getty Images - π¨ The Human Rights Campaign declared a state of emergency today for LGBTQ+ people living in the U.S. — the first time the organization has made such a warning in its 40-year history. Go deeper.
- π³️ Former New Jersey Gov. Chris Christie filed paperwork today to run for president, launching a second bid for the White House after weeks of escalating his accusations that former President Trump is a flawed GOP candidate. Go deeper.
- π₯ Cava, a fast-casual Mediterranean restaurant chain with over 250 locations, began pitching investors yesterday on an IPO that could value the company at more than $2 billion. Go deeper.
| | | | 4. π½️ America's hottest new chefs | Chef Rob Rubba. Photo: via Oyster Oyster The 2023 national winner of the James Beard Outstanding Chef award is D.C.'s Rob Rubba, chef of Oyster Oyster. π Zoom in: Rubba, who brings a hyper-seasonal and sustainable approach to the fine dining world, has racked up accolades for his plant-centric Shaw tasting room, including Food & Wine's Best New Chef and a new Michelin star, Axios D.C.'s Anna Spiegel writes. - The menu features native, wild and foraged ingredients — plus oysters (they're good for the environment!) and natural/biodynamic wines.
Other big winners included Philadelphia's Friday Saturday Sunday, which took home Outstanding Restaurant, and Chef Damarr Brown of Chicago's Virtue, who won Emerging Chef. - "It's a huge win for me, myself and my team, and the South Side," Brown told Axios Chicago's Monica Eng. "It's a huge win for the culture in general."
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